MagneGas Corp. (Nasdaq: MNGA) filed provisional patents related to proprietary characteristics of its new MagneGas fuel but the stock price fell 38 cents to close at $1.50 after Seeking Alpha wrote that the company was stock promotion shell with the potential to tumble 92%.
Seeking Alpha says MagneGas is stock promotion shell
December 21, 2015 at 16:04 PM EST